Stock market update: Nifty IT index falls 0.44% in a weak market

NEW DELHI: The Nifty IT index traded negative around 10:51AM(IST)on Friday in a weak market.

Tata Consultancy(up 0.08 per cent) were among the top gainers.

HCL Technologies(down 1.07 per cent), L&T Technology(down 0.96 per cent), Persistent Systems(down 0.95 per cent), Tech Mahindra(down 0.91 per cent) and Infosys(down 0.81 per cent) were the top losers on the index.


The Nifty IT index was down 0.44 per cent at 29674.35 at the time of writing this report.

Benchmark NSE Nifty50 index was down 75.65 points at 19421.65, while the BSE Sensex was down 211.25 points at 65574.39.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of Suzlon Energy, YES Bank, Reliance Power, PNB and Bank of Maharashtra were among the most traded shares on the NSE.

Shares of ideaForge Technology, Orient Abrasive, Windlas Biotech, Kalyan Jewellers Ind and Avalon Technologies hit their fresh 52-week highs in today's trade, while Sheetal Cool, Bombay Metrics Suppl, Rachana Infrastructu, Bohra Industries and Goldstar Power hit fresh 52-week lows in trade.